News
July 17, 2023
The initial three-year, multi-million dollar contract will see Petrofac’s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel.
News
July 17, 2023
The country’s crude yields peaked in 2008 at slightly less than 2 MMbpd and now stand at around 1.10-1.15 MMbpd.
News
July 14, 2023
The first JSE production well has been brought onstream and a further two producers and one water injector are expected onstream this year to help sustain gross Jubilee production over 100,000 bopd.
News
July 10, 2023
During a meeting held on July 9 in Algiers between Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Toufik Hakkar, Chief Executive Officer of SONATRACH, several agreements were signed to strengthen the cooperation between the two companies in the production of natural gas in Algeria, the delivery of liquefied natural gas (LNG) to Europe, as well as the development of renewables in Algeria.
News
July 07, 2023
The qualification in Mozambique of bismuth alloy for deployment via perforations offers numerous benefits for abandonment integrity and operational efficiency.
News
July 05, 2023
The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named because the information was private, told reporters on Tuesday.
News
July 04, 2023
Phase 1, currently under development, will export gas to a floating production storage and offloading unit (FPSO) located approximately 40 km offshore, where gas will be processed and liquids separated before being exported to floating LNG facilities situated 10 km offshore.
News
June 29, 2023
The success of this development project, which has achieved a daily production of more than 3,800 bopd, demonstrates Perenco's technical expertise in bringing previously undeveloped fields onstream.
News
June 28, 2023
Under the deal unveiled in February 2022, Seplat agreed to pay $1.3 billion for an Exxon unit that holds a 40% operating stake in four shallow-water licenses in a purchase that would almost quadruple the independent company’s oil output to more than 130,000 bpd.
News
June 27, 2023
TechnipFMC will design and manufacture subsea trees, a manifold, subsea distribution equipment, and topside controls, as well as jumpers, flowlines and umbilicals.
News
June 23, 2023
Various speakers at the international roundtable on natural gas – hosted by the African Energy Chamber (AEC) and Russian-based global energy giant Gazprom in Johannesburg – emphasized that natural gas does not represent a transitionary resource but rather the fuel of the future for Africa.
News
June 23, 2023
The East African nation could confirm a host government agreement and an amended production-sharing deal with the project’s consortium that includes Equinor ASA, Shell Plc and ExxonMobil Corp. as early as next month, according to the Energy Ministry’s permanent secretary, Felchesmi Mramba.
News
June 22, 2023
Tanzania wants to launch an oil and gas licensing round in the first quarter of 2024 to bring in more investors as European nations move to diversify energy sources and cut reliance on Russian gas
News
June 16, 2023
Baker Hughes will deliver a configured-to-order product portfolio across subsea production and flexible pipe systems, designed for optimum cost effectiveness, installation and life-of-field value.
News
June 15, 2023
The DHIBM-4H well was drilled as a horizontal well from the BW MaBoMo production facility to a total depth of 4,800 meters into Gamba sandstone reservoirs on the Hibiscus field.
News
June 14, 2023
The Nigerian National Petroleum Co. should become a minority shareholder in projects it currently controls, potentially generating more than $17 billion by the end of the decade, according to the study by a committee that advised President Bola Tinubu ahead of his inauguration last month.
News
June 13, 2023
Located 20 km from the Ofon field facilities on OML102, Ntokon is planned to be developed through a tie-back to these existing facilities.
News
June 13, 2023
Valid for 20 years, the contract with Société Nationale des Hydrocarbures (SNH) presents the opportunity for Perenco to continue its investment in the basin, which today accounts for approximately 70% of Cameroon's total production and employs more than 500 people.
News
June 13, 2023
Petrofac has entered into a definitive agreement with STEP Polymers SPA for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria.
News
June 07, 2023
CGG announced that Sercel has confirmed a major sale and the imminent delivery of a 60,000-channel 508XT land acquisition system and 25 VE464 advanced digital vibrator control sets to a major North African geophysical services provider.
News
June 06, 2023
During the 35th OPEC and non-OPEC Ministerial Meeting, members reached a consensus on production levels, under the leadership of OPEC President, H.E. Antonio Oburu Ondo, Equatorial Guinea’s Minister of Mines and Hydrocarbons